forex trading strategies

Forex Trading Psychology

Forex Trading Psychology

In Forex trading, for all those who have traded forex for quite a while -Will know that successful forex trading is actually mainly about mastering trading psychology. Or should i say, to be successful in forex trading. You have to master trading psychology.If successful forex trading is segregated into percentages. 100% as full score. I […]

Forex Trading Strategies: Top Down Approach

Forex Trading Strategies: Top Down Approach

Forex trading strategies: Top Down Approach Lets look at a recent pair Eur Gbp. When we trade forex, we would always want to trade with the main trend. Even though it is an old say “trade with the trend” or “the trend is your friend”. Sometimes, it is always the simple things that works. In […]

Risk Reward 4:1

Risk Reward 4:1

Forex Trading Strategies that works Forex Trading Pair: Gbp Jpy h4 In the chart above, we can see that the Gbp Jpy is at its all time low.In the highlighted circle, price have reached the area before in the first highlighted circle and thus we drew the price pivot in that area. Price went back […]

How To be a Consistently Successful Forex Trader

How To be a Consistently Successful Forex Trader

A lot of traders out there have no problem getting winning trades. Anyone can do that.But at the end of the day, their account size still does not grow. The reason lies with a proper trading system that has a fixed set of trading rules.Consistent successful traders are those who stick to their rules. It […]

Forex Trading Strategies: Nzd Usd Triple Bottom?

Forex Trading Strategies: Nzd Usd Triple Bottom?

Forex Trading Strategies: Nzd Usd Triple Bottom? As shown in the chart above, Forex trading pair: Nzd Usd Nzd Usd seems to be forming a triple bottom with the 3 lows as highlighted by the circles. It is held by a price pivot and the fibonacci level on the 4hr time chart. And also the […]

Eur Usd Trend Bouncing – Forex Trading Strategies

Eur Usd Trend Bouncing – Forex Trading Strategies

Eur Usd Trend Bouncing – Forex Trading Strategies Lets look at why the Eur Usd took a little small bounce in the recent days.In the chart above, there is a trend line formed since june 2010. That was the period when the eur usd took a reversal from a long down-trending move since nov 2009. […]

Forex Trading Strategies: Trading in Channels

Forex Trading Strategies: Trading in Channels

Forex Trading Strategies: Trading in Channels Lets see a nice illustration of a trade i took recently by trading in channels.In the chart above, there is a pin bar as highlighted in the box. It was a pin bar in confluence with the: 150 moving average (orange line), the price pivot as shown in the […]

Forex Trading: Importance of Stop Loss Placement

Forex Trading: Importance of Stop Loss Placement

Forex Trading: Importance of Stop Loss Placement A lot of traders do not believe in stop loss placement. Some believe in mental stop loss placement. meaning that when they feel that a trade is not going their way, they will then cut it off. That is so terribly wrong. Stop loss placement is one of […]